Stellar has announced a facility expansion near its headquarters in Iowa. This expansion is expected to increase the company's ability to provide products throughout the region.
According to the company:
Stellar, a manufacturer of mechanic trucks, cranes, tire service trucks, hooklifts, trailers, and accessories, has announced the purchase of a warehouse facility in Mason City, Iowa. This expansion marks a milestone in the company’s 33-year history of growth and commitment to the community.
The newly purchased property includes a 155,000 square feet building on 18 acres, providing space for Stellar to enhance its manufacturing capabilities in the region. The new property is adjacent to Stellar’s existing manufacturing facility, which is larger, with 230,000 square feet of manufacturing space. As a company rooted in north Iowa, this expansion aims to reflect Stellar’s dedication to driving economic prosperity within the local community and its pursuit of designing and manufacturing innovative equipment for the work truck industry.
“Purchasing this facility underscores our continued investment in north Iowa and our commitment to meeting the evolving needs of our customers,” said Dave Zrostlik, president at Stellar. “We are excited about the potential this expansion holds for our company and the opportunities it will create for both our employee-owners and the Mason City community.”
Stellar anticipates utilizing the newly purchased property to expand its manufacturing capacity over the next few years. With more than 800 employee-owners companywide, Stellar plans to continue to grow job opportunities and contribute to the community.
